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Rise of the car-sharing apps poses threat to auto sector

2014-12-18 17:41:12| Auto Dealers - Topix.net

The humble smartphone could throw a spanner in the works of the car sector's post-crisis turnaround, with the big manufacturers facing a long-term threat from apps that make it easier and cheaper to share or hire vehicles than to buy them. Investor sentiment is on a knife edge.

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Category:Automotive

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